$BTC Bitcoin just rushed to 69,000 and was immediately beaten down, and still failed to get out of the market. Is it because of this
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LIVEok10年退役交易员
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Bullish
$BTC The last blog of this week
The pie finally reached 70,000
It still falls below 66000, and the market will be released at 8:30 tonight
The specific situation is as follows:
PCE inflation data will be released at 8:30 tonight
The annual rate of the US core PCE price index in April has a significant impact on the Federal Reserve's decision to cut interest rates. The core PCE price index is a key indicator of consumer inflation in the United States. The annual rate of the core PCE price index in April is crucial to the Federal Reserve's decision to cut interest rates.
If the inflation level is close to or reaches the target, the Federal Reserve may consider cutting interest rates to stimulate the economy, and the bullish price will exceed 70,000.
If the index shows high inflation, the Federal Reserve may maintain or raise interest rates to control inflation, reducing the possibility of an interest rate cut.
The big bad news coincides with Friday when the market will be more extreme, so there may be a big plunge below 66,000 or even lower. After the limit is dropped, it is the best time to buy the bottom. Here we recommend $MANTA Manta’s newly launched CeDeFi product, with its outstanding real currency standard The income advantage has attracted widespread attention from the market. This product successfully brings advanced arbitrage strategies that were originally limited to exchange VIP customers to the chain, allowing ordinary investors to enjoy the generous returns brought by advanced financial strategies. In the bull market, Manta's CeDeFi products provide investors with an efficient way to obtain currency-based returns, helping them realize asset appreciation. Its flexibility and customizability also meet the individual needs of different investors, further highlighting the market competitiveness of the product#MantaRWA生态
The pie finally reached 70,000
It still falls below 66000, and the market will be released at 8:30 tonight
The specific situation is as follows:
PCE inflation data will be released at 8:30 tonight
The annual rate of the US core PCE price index in April has a significant impact on the Federal Reserve's decision to cut interest rates. The core PCE price index is a key indicator of consumer inflation in the United States. The annual rate of the core PCE price index in April is crucial to the Federal Reserve's decision to cut interest rates.
If the inflation level is close to or reaches the target, the Federal Reserve may consider cutting interest rates to stimulate the economy, and the bullish price will exceed 70,000.
If the index shows high inflation, the Federal Reserve may maintain or raise interest rates to control inflation, reducing the possibility of an interest rate cut.
The big bad news coincides with Friday when the market will be more extreme, so there may be a big plunge below 66,000 or even lower. After the limit is dropped, it is the best time to buy the bottom. Here we recommend $MANTA Manta’s newly launched CeDeFi product, with its outstanding real currency standard The income advantage has attracted widespread attention from the market. This product successfully brings advanced arbitrage strategies that were originally limited to exchange VIP customers to the chain, allowing ordinary investors to enjoy the generous returns brought by advanced financial strategies. In the bull market, Manta's CeDeFi products provide investors with an efficient way to obtain currency-based returns, helping them realize asset appreciation. Its flexibility and customizability also meet the individual needs of different investors, further highlighting the market competitiveness of the product#MantaRWA生态
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BTC
67,680.97
+1.80%
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